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Home2024

Year: 2024

Oil and Gas

QatarEnergy, SLB Signs MOU worth $1.37 billion

November 11, 2024 Mohammad S
QatarEnergy announced in a statement that it has signed a memorandum of understanding (MOU) with Schlumberger (SLB). As per the MOU, SLB will invest an …
Power

Bahrain starts PQ for 1,200 MW Sitra IWPP

November 10, 2024 Mohammad S
Electricity and Water Authority (EWA), Kingdom of Bahrain announces the commencement of a pre-qualification (PQ) process for the development of Sitra Independent Water and Power …
Manufacturing

Oman Celebrates Groundbreaking of Largest Integrated Copper Concentrate Production Project

November 10, 2024 Mohammad S
Mazoon Mining, a subsidiary of Minerals Development Oman (MDO), marked a significant milestone with the official groundbreaking of the Mazoon Copper Project in the Wilayat …
Oil and Gas

UAE: Samsung, Hanwah and Jiangnan Shipyard awarded $ 4.4 billion Contracts

November 8, 2024 Mohammad S
ADNOC Logistics & Services (ADNOC L&S), UAE announced in a statement that it has signed contracts with a number of international companies to grow its …
Oil and Gas

UAE’s NMDC awarded $300 million EPC Contract

November 8, 2024 Mohammad S
NMDC Group UAE announced in a statement that it has awarded a EPC contract from TA’ZIZ. The value of the contract is USD 300 million. …
Oil and Gas

ADNOC Awards $196.2 Million Contracts for Manufacturing in UAE

November 8, 2024 Mohammad S
ADNOC announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. …
Manufacturing

King Salman Energy Park Signs $800 million worth LOIs

November 8, 2024 Mohammad S
King Salman Energy Park (SPARK), a leading industrial ecosystem, signed five letters of intent (LOI) with prominent sector players at ADIPEC 2024 – the world’s …
Oil and Gas

Weatherford awarded new contract in UAE

November 8, 2024 Mohammad S
Weatherford International plc announced that it has been awarded a three-year contract for the provision of rigless services as part of the reactivation of ADNOC …
Power

Saudi Arabia announces Winning Bidders for 7.2GW Nairyah, Rumah IPP Projects

November 7, 2024 Mohammad S
The Saudi Power Procurement Company (SPPC) has announced the winning bidders for the Rumah -1, Rumah -2, Al-Nairyah -1, and Al-Nairyah -2 Conventional IPPs projects. …
Oil and Gas

KBR Awarded FEED Contract in Oman

November 7, 2024 Mohammad S
KBR announced that it has been awarded a front-end engineering design (FEED) contract for the expansion of the Qalhat LNG complex in Sur, Oman. Under …

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Press Releases

Projacs is now known as Egis

January 14, 2022
Egis completed the acquisition of Projacs International, the project and construction management consultancy, in early 2021, after their initial acquisition of 51% in 2015. Following …
Oil and Gas

KOC receives the lowest bid of $55 million for Off plot works of JPF

November 19, 2020
Kuwait Oil Company (KOC) receives the bidders proposals for the Off plot works of Jurassic Production Facilities (JPF) located at North of Kuwait. Eight bidders …
Power

ACWA Power and Energy China Signs EPC Contract for Solar PV Project

June 19, 2023
ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, announced the signing of an Engineering, …
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